MB introduces Biz MBBank - comprehensive corporate finance at Digital Transformation Day 2025

(Dan Tri) - Military Commercial Joint Stock Bank (MB) participated in the event Digital Transformation of Banking Industry 2025 organized by the State Bank of Vietnam with the theme "Smart Digital Ecosystem in the New Era".

The event was attended by Prime Minister Pham Minh Chinh , Governor of the State Bank of Vietnam Nguyen Thi Hong, President of Hungary Sulyok Tamas, leaders of ministries, branches, commercial banks, international organizations and experts in the field of finance and banking.

At this year's event, MB introduced the latest digital technology solutions, notably the Biz MBBank digital financial platform - a digital banking application exclusively for businesses, to promote comprehensive digital transformation and enhance competitiveness for the private economic sector.

Synchronous and comprehensive digital transformation

Following the success of the event “Banking Industry Digital Transformation Day 2024”, the 2025 program with the theme “Smart Digital Ecosystem in the New Era” marks the milestone of summarizing the implementation of Decision 810 and orienting digital transformation to 2030.

Taking place in the context of major resolutions such as Resolution 57 of the Politburo being issued, the event demonstrates the strong determination of the banking industry in its pioneering role in creating a modern digital financial ecosystem, contributing to bringing Vietnam to international stature.

Responding to the direction from the State Bank, MB has concretized its digital transformation strategy by focusing on technology and innovation, actively launching internal competitions and spreading digital thinking throughout the system. Thousands of staff have been trained to develop a culture of data-based decision-making, aiming for a comprehensive, all-people digital transformation.

MB is committed to accompanying the Government and the State Bank of Vietnam to make digital transformation a core task and driving force for sustainable development in the finance and banking industry.

Prime Minister Pham Minh Chinh and Governor of the State Bank of Vietnam Nguyen Thi Hong at MB's booth.

Unlimited connection for Vietnamese businesses

At the technology booth within the event, MB introduced the Biz MBBank platform - a comprehensive financial solution developed specifically for Vietnamese businesses with three core values: speed - safety - unlimited connection.

According to MB representative, Biz MBBank is not only an electronic banking application but also a smart digital financial ecosystem, integrating modern technologies such as AI, Big Data and DocAI. The solution allows businesses to carry out the entire credit process from approval, disbursement to issuance of letters of credit (L/C) online, without using paper documents. Processing time is 10 times shorter than traditional methods.

DocAI technology helps automate the document checking process, shortening processing time by 75%, increasing accuracy and reducing operating costs. MB also deploys a credit scoring model based on real data such as cash flow, electronic invoices, account transactions - instead of depending on collateral, making access to credit more flexible and fair.

Some of the outstanding results announced by MB at the event include 100% of corporate credit processes conducted online, funding in just 2 hours maximum; quick customs clearance thanks to synchronous connection with the customs system; automation of the entire process using AI, Big Data, DocAI technology; smart credit scoring based on cash flow, electronic invoices, tax records without depending on collateral.

MB representative introduces outstanding technologies at the booth.

Mission to create a prosperous future with the country

With the philosophy of "taking customers as the center", MB determines that digital transformation is not only about technological innovation but also about the responsibility to serve customers, businesses and the community.

MB is operating two major digital platforms, Biz MBBank (serving more than 350,000 businesses), and APP MBBank (serving more than 33 million users), processing up to 8 billion transactions per year.

In the future, MB aims to deeply integrate AI into the financial decision-making system, connect with national data, expand the Open Finance platform and cooperate with e-Government, thereby contributing to building a modern, transparent, and comprehensively digitalized Vietnam.

MB representative attended the Digital Transformation Day 2025 event.

MB representative, Mr. Vu Hong Phu, affirmed: "Digital transformation is not only a development strategy, but also a historical mission of MB in the journey to create a prosperous future with the country".

Source: https://dantri.com.vn/kinh-doanh/mb-gioi-thieu-biz-mbbank-tai-chinh-doanh-nghiep-toan-dien-tai-ngay-chuyen-doi-so-2025-20250529182035534.htm